ANZ on Friday reported a cash profit for the six months through March of 3.78 billion Australian dollars, equivalent to US$2.72 billion. That was up 5.9% on a year earlier and beat the average analyst ...

According to the regulator, rapid progress in AI is becoming a stronger risk for the country’s financial sector.

MELBOURNE, Australia (AP) — One of Australia’s largest banks said Monday it agreed to pay a record 240 million Australian dollars ($160 million) in penalties for corporate misconduct affecting almost ...

SYDNEY (Reuters) -Australia's prudential regulator has cautioned that the country's banking system is facing increasing risk of cyberattacks as a result of escalating geopolitical tensions. Australian ...

In this article, we will look into the 20 biggest financial and banking companies in Australia in 2024. If you want to skip our detailed analysis, you can go directly to the 5 Biggest Financial and ...

Australia modernizes payment infrastructure to support stablecoins and tokenized assets, aligning traditional systems with ...

By Scott Murdoch and Shivangi Lahiri April 20 (Reuters) - Australia's largest business lender, National Australia Bank, said ...

On Monday, NAB said it would increase its forward-looking collective provisions by 300 million Australian dollars, or US$215.1 million. More than half of the increase covers sectors most likely to ...

The review of the Reserve Bank of Australia, which has been criticized for responding too slowly to worsening price pressures, could lead to a change in the way the bank communicates with markets.

Sophie Venz is a former Deputy Editor at Forbes Advisor. She is an experienced editor and features reporter, and has previously worked in the small business and start-up reporting space. Previously ...